Compliance and Ops Risk Test Sr Specialist

Location: Bengaluru, Karnataka, India

Job Family: Compliance & Ops Risk Testing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. Our Compliance and Ops Risk Testing team plays a critical role in safeguarding the integrity of our operations by ensuring robust control environments. As a Compliance and Ops Risk Test Sr Specialist in Bengaluru, Karnataka, you will drive risk management excellence through precise execution of testing programs, collaborating closely with diverse teams to identify, assess, and mitigate operational risks in a dynamic regulatory landscape. In this senior specialist role, you will conduct in-depth testing of compliance and operational controls across various business lines, leveraging your expertise in financial regulations such as RBI guidelines and international standards like Basel III. You will analyze complex data sets to evaluate control effectiveness, document findings, and partner with control owners to implement remediation strategies. Your work will directly contribute to enhancing JP Morgan Chase's risk framework, supporting our commitment to ethical practices and regulatory adherence in the fast-paced financial services industry. Key to success in this position is your ability to thrive in a collaborative, high-stakes environment while staying abreast of evolving risks and compliance requirements. You will prepare insightful reports for senior leadership and regulators, fostering a culture of proactive risk management. Join JP Morgan Chase in Bengaluru to advance your career in a supportive, innovative setting that values diversity and professional growth, helping us deliver superior value to clients worldwide.

Key Responsibilities

• Execute comprehensive testing of compliance and operational risk controls across JP Morgan Chase's business lines in Bengaluru
• Collaborate with business units, control owners, and senior management to identify and assess risk exposures
• Develop and implement testing methodologies to ensure adherence to internal policies and external regulations
• Analyze test results, document findings, and recommend remediation actions to enhance control environments
• Monitor and track the resolution of identified issues, ensuring timely closure and risk reduction
• Contribute to the continuous improvement of the firm's risk management framework through best practices
• Prepare detailed reports and presentations on testing outcomes for regulatory and internal stakeholders
• Support audit and regulatory examinations by providing evidence of control effectiveness
• Stay updated on evolving regulatory landscapes and integrate changes into testing programs
• Foster a culture of risk awareness and compliance within cross-functional teams

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
• Minimum of 5 years of experience in compliance, operational risk, or internal audit within the financial services industry
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, and local Indian regulations like RBI guidelines
• Proven experience in conducting risk testing, control assessments, and issue validation
• Certification in risk management (e.g., CRISC, CISA) or equivalent professional qualification
• Excellent analytical skills with the ability to interpret complex data and regulatory requirements
• Proficiency in risk assessment methodologies and tools used in banking environments

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Experience working in a global financial institution like JP Morgan Chase
• Knowledge of anti-money laundering (AML) and know-your-customer (KYC) compliance
• Familiarity with data analytics tools for risk testing in financial services
• Prior involvement in cross-functional teams for operational risk mitigation

Required Skills

• Risk assessment and testing methodologies
• Regulatory compliance knowledge (e.g., RBI, SEC, OCC)
• Data analysis and visualization tools (e.g., Excel, Tableau)
• Control design and evaluation techniques
• Analytical thinking and problem-solving
• Report writing and presentation skills
• Project management and stakeholder collaboration
• Attention to detail and accuracy
• Adaptability to changing regulatory environments
• Proficiency in Microsoft Office Suite
• Understanding of financial products and services
• Communication (verbal and written)
• Team leadership and influence
• Knowledge of GRC (Governance, Risk, and Compliance) systems
• Ethical judgment in high-stakes financial settings

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's internal training programs
• Employee stock purchase plan and financial wellness resources
• Flexible work arrangements and hybrid office options in Bengaluru
• Global mobility programs and career advancement support within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.